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Question: e221a classify and calculate a manufacturers costs learning objectives 2...

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E2-21A Classify and calculate a manufacturers costs (Learning Objectives 2 & 4) An airline manufacturer incurred the following costs last month (in thousands of dollars): b. Production supervisors salaries.... c. Depreciation on forklifts in factory d. Machine lubricants $ 35 f. As sembly workers wages 620 $ 30 $ 120 260 S 10 $ 60 $ 170 g. Property tax on corporate marketing offic......... i. Cost of warranty repairs j. Machine operators health insurance.. k. Depreciation on administrative offices I. Cost of designing new plant layout $1,400 Requirements Assuming the cost object is an airplane, classify each cost as one of the following: direct material (DM), direct labor (DL), indirect labor (IL), indirect materials (IM), other manufacturing overhea type of cost.) What is the total for each type of cost? 1. d (other MOH), or period cost. (Hint: Set up a column for each 2. Calculate total manufacturing overhead costs. 3. Calculate total product costs. 4. Calculate total prime costs. 5. Calculate total conversion costs 6. Calculate total period costs.
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